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19/03/2013
2.1% Sales Increase For Sainsbury's
Supermarket chain Sainsbury's has reported a 2.1% rise in sales for the year to 16 March and record customer numbers.
The figures reveal the best sales growth came from non-food products, where profit margins are generally higher, with clothing sales 20% above those of a year ago.
The full profit figures for the UK’s third-largest supermarket, after Tesco and Asda, will be published in May.
Sainsbury's said it expected the retail environment to remain tough for the rest of this year.
The company's chief executive, Justin King, said: "Valentine's Day and Mother's Day were both particularly strong this year, and we closed the quarter with a very successful Red Nose Day, presenting a record cheque for £10.5m on behalf of customers and colleagues."
(H)
The figures reveal the best sales growth came from non-food products, where profit margins are generally higher, with clothing sales 20% above those of a year ago.
The full profit figures for the UK’s third-largest supermarket, after Tesco and Asda, will be published in May.
Sainsbury's said it expected the retail environment to remain tough for the rest of this year.
The company's chief executive, Justin King, said: "Valentine's Day and Mother's Day were both particularly strong this year, and we closed the quarter with a very successful Red Nose Day, presenting a record cheque for £10.5m on behalf of customers and colleagues."
(H)
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CBI survey reveals shop sales remain strong
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CBI survey reveals shop sales remain strong
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Sainsbury's claim Q3 'encouraging' but sales growth weak
Sainsbury's has posted "encouraging" third quarter sales today, but pointed to "the scale of change affecting stores" and the adoption of an automated distribution system for having a negative impact on results early on. Sainsbury’s Supermarkets saw third quarter like-for-like sales rise by only 0.
Sainsbury's claim Q3 'encouraging' but sales growth weak
Sainsbury's has posted "encouraging" third quarter sales today, but pointed to "the scale of change affecting stores" and the adoption of an automated distribution system for having a negative impact on results early on. Sainsbury’s Supermarkets saw third quarter like-for-like sales rise by only 0.
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Sainsbury’s still behind Tesco’s after strong quarter
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Dixons and Sainsbury's interims reveal lower sales
High street and shopping mall retail chain Dixons Group, the UK's largest consumer electronics and equipment retailer, has warned that sales and profits have waned in the last quarter. The group reported that revenue take at UK stores had slowed slightly.
Dixons and Sainsbury's interims reveal lower sales
High street and shopping mall retail chain Dixons Group, the UK's largest consumer electronics and equipment retailer, has warned that sales and profits have waned in the last quarter. The group reported that revenue take at UK stores had slowed slightly.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
